Magnolia Petroleum PLC's recent success in the Bakken has the exploration and production firm looking to expand. The company recently reported an initial production rate of 3,928 barrels of oil per day at the first of six North Dakota wells. READ MORESHARE

The Port of Vancouver USA has announced that its Board of Commissioners unanimously approved a 10-year lease with the Tesoro-Savage Joint Venture for a crude oil handling facility at the port. READ MORESHARE